The Glenwood PAC says there have been no new problems, and it has made its finances transparent as the 91原创 RCMP look into the last five years of financial records.
The PAC met Thursday, Feb. 27 and about a dozen parents received updates from their treasurer and the head of an internal audit committee.
Beatrice Singer, who is also a member of the District PAC, went over many of the facts which have been reported in the 91原创 Advance recently.
The incoming PAC executive wanted financial information at the start of the year.
It became clear over a few weeks that the information was missing.
On Nov. 22, the PAC voted to create an internal audit committee
With two other PAC members, Singer went over gaming and general revenue accounts. She said that there were enough anomalies that the PAC approached the RCMP.
芒鈧揟here is a police investigation,芒鈧� said Singer.
The Canada Revenue Agency and the B.C. Gaming Policy are also looking into the financial situation.
An entire box of records is missing, covering five years of the PAC芒鈧劉s financial transactions, from 2009 to the end of the 2012/2013 school year, said Singer. Records from before that time were all found intact, and there have been no problems with this year芒鈧劉s finances, Singer said.
She could not say anything about actual finances of the past five years. The PAC has already asked for any members who know where the missing records are to please let them know.
There was little discussion of the previous PAC executive or members who had oversight over the finances.
芒鈧揅ertain people left, certain people have been removed, call it what you will,芒鈧� said Singer.
PAC executive member at large Dennice Debruyn heard about the investigation for the first time last week.
She is a new member of the executive, and recalls the requests for financial data early in the school year.
芒鈧揟here wasn芒鈧劉t any financial reports,芒鈧� she said. 芒鈧揑 thought that was a little odd.芒鈧�
Treasurer Sarah Vanderkerkhove said the PAC has gone from having no electronic records to online banking this year. They have also set up a system that will allow any PAC member to view the PAC芒鈧劉s bank records online at any time.
Vanderkerkhove is worried about negative perceptions the investigation may cause for the PAC. As far as this year芒鈧劉s finances, they are in good shape, she told the PAC Thursday.
The PAC is on track to pay for its usual expenses, including hot lunches and hot dog days, and has budgeted $1,400 for teachers to purchase additional educational materials.
They are also looking into creating a 芒鈧搘ish list芒鈧� for teachers for more items.
